◂ Event Timeline

Sep 26, 2024MACROGlobal

Dollar drops as data boost fades; Swiss franc gains following rate cut

The dollar weakened on Thursday as a boost from healthy US economic data faded. The Swiss franc rose after the Swiss central bank cut rates by 25 basis points.

WHY IT MATTERS

A softer dollar tends to support dollar-denominated commodity prices and improve export competitiveness for US feed ingredients.

AFFECTSUS Dollar (Broad)▼

SOURCE
reuters.comChuck MikolajczakSep 26, 2024

Price reaction & history

US Dollar (Broad)▼bearishSO FAR1d -0.3%5d +0.1%20d +2.5%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

May 24, 2019Dollar slips as weak data boosts US rate cut bets+0.4%
Oct 31, 2024Dollar falls against yen, US data leaves rate cut hopes intact | Reuters+0.7%
Jun 20, 2019Fed rate-cut sign boosts stocks, dollar drops-1.1%
Nov 25, 2025US dollar slumps as data backs Fed rate cut view; traders on yen alert | Reuters-0.6%
Jan 23, 2026Sterling set for best week against dollar since August after data boost | Reuters-1.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

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